The government on Tuesday ordered a high-level inquiry into the fire incidents in MTNL and BSNL buildings in Mumbai, Delhi and Kolkata, and asked the two firms to conduct fresh fire and safety audits in a time-bound manner. Two major fire incident occured at the MTNL Bandra Telephone Exchange, Mumbai and the BSNL building at Salt Lake, Kolkta, while […]
State-run gas utility firm GAIL to sell off its pipeline business to strategic investors
The government is splitting the state-run gas utility GAIL (India) Ltd by forking off its pipeline business into separate business entity and selling it to potential investors. Earlier, the company had once been considered to sell off to its marketing business to another state-owned firm but now the government is ruminating over some other plan. […]
Union Budget 2019: ISRO gets a new commercial arm, Newspace India
Finance Minister Nirmala Sitharaman, in her debut Budget speech on July 5, announced the launch of a new space company, Newspace India Limited (NSIL), as another commercial arm to Indian Space Research Organisation (ISRO). Delivering her budget speech, Sitharaman said, “India is now a major space power with the technology and ability to launch satellites […]
Upcoming Budget Discussions: How input tax credit can bolster the healthcare segment?
Over the year, Healthcare industry has taken its place as one of the largest industries in India. Since the sector comes under the category of Essential Services Act, it becomes important to credit it with the priority sector status, which is currently being undermined. The state-of-the-art technologies that optimize the screening, diagnosis and treatment process, […]
Nirmala Sitharaman makes it to ‘100 most influential in UK power list’
Sajid Javid, the UK Home secretary, released a list of “100 most influential in UK-India relations: Celebrating Women” in the Houses of Parliament in London on June 24, 2019.The list honoured Nirmala Sitharaman as one of the most influential persons in strengthening the UK-India relations alongside Penny Mordaunt, one of the Britain’s senior most cabinet […]
Most states of India hit by drought, delay in crop yield
According to the recent data shown by India Meteorological Department (IMD), more than half of the Indian population is staggering under the drought. Millions of people are facing drinking water shortage with the natural water sources dried up and the ground level of water completely dropped. Almost 51 percent of the total geographical area of […]
Government to build 6 submarines as part of Project 75(I)
The government issued an Expression of Interest (EOI) to shortlist potential strategic Indian partners to build six P-75 submarines for the Indian navy under the “Make in India” initiative, said the defence ministry. According to his statement, the project would cost around 45,000 crores and a similar EOI will be issued within two weeks wherein […]
Government proposes IPPB bank account services for absolute financial inclusion
Prime Minister Narendra Modi asserts that the accessibility of IPPB bank (Indian Post Payments Bank) will aid the services to reach the remotest places in the country. IPPB is set up to alleviate the poorest section of the society by making them a part of the Indian economy. It’s also defined as an extended version […]
Chennai Water Crisis: Met Department predicts rain in 2-3 days
Experiencing a record-breaking dry spell this year, Chennai is likely to get a sigh of relief this week. With the change in wind direction due to a system over the Bay of Bengal, the city is expected to witness rain showers in 2-3 days. “South-westerly winds will gather strength in the next 2-3 days as […]
The international disruption policy featuring Khalistan and friends
“This is a complete secessionist movement. We want India to break up. We want Naxals to be free, Dravidistan to be free, we want Maoists to be free; because our enemy is the same, our enemy is Delhi, our enemy is the Brahmins,” Shamsher Singh, a Khalistani terrorist, can be seen saying to one Shawan […]